MDI Gurgaon summer placements Out, Highest stipend 3.2 Lacs

Management Development Institute (MDI) Gurgaon

Management Development Institute (MDI) Gurgaonhas completed summer placements for its 359-strong batch of 2018-20 with LÓreal offering the highest stipend of INR 3.2 lacs for the two-month internship. Average stipend for two months was INR 2.1 lacs while the median stipend was INR 2 lacs.

Last year’s highest stipend of INR 3 lacs for two months was offered by Godrej, while the average and median stipends were INR 1.95 lacs and INR 1.85 lacs respectively.

“In the 2018-20 batch, the top 10 percentile got a median stipend of INR 3 lacs for two months; the top 20 percentile INR 2.6 lacs and the top 50 percentile INR 2.25 lacs,” said Kanwal Kapil, dean, continuing education, consulting, alumni and placements, at MDI Gurgaon.

A total of 98 companies participated in the summer placements process including 31 new recruiters who rolled out 97 offers. There was a 20% rise in the total number of recruiters.

The maximum number of offers came from the FMCG sector which absorbed 21% of the batch, followed by BFSI with 19%. IT companies made offers to 10% of the batch and consulting and pharma 9% each. Manufacturing (6%), conglomerates (5%), e-commerce (5%), media (5%), telecom (5%) and retail (2%) were among the other sectors making offers. Source: Economics Times.

About MDI: MDI is one of the top B-Schools of the country. The institute integrates knowledge, research, industry experience and international exposure to offer comprehensive management programmes. MDI has the distinction of being the first internationally accredited Indian B-School. It was accredited by South Asian Quality Systems (SAQS) in 2005. The long term Education Programmes are accredited by Association of MBAs (AMBA), U.K.

MDI Gurgaon summer placements for the batch 2018-20.Average stipend for two months was Rs 2.1 lacs

Management Development Institute (MDI) Gurgaon has completed summer placements for its 359-strong batch of 2018-20 with LÓreal offering the highest stipend of Rs 3.2 lacs for the two-month internship. Last year’s highest stipend of Rs 3 lacs for two months was offered by Godrej, while the average and median stipends were Rs 1.95 lacs and Rs 1.85 lacs respectively.